Outsourcing » Time & Material

Time & Material

The Time and Material Outsourcing Engagement model is implied for complex projects with indeterminate scope, requirements, deliverables or plan. The projects usually face frequent and critical changes over the period of engagement. Owing to the changes in the project, the model realizes the project cost as per project execution time and the corresponding resources deployed. Project is evaluated through regular monitoring of progress reports.

This model provides flexibility to clients to manage human and capital resources efficiently. The team size can be adjusted according to the scheduled project phases and feature release. The model ensures quick adaptation of the project with the changing business environment. Regular analysis allows greater visibility and control over the project development by the client.